After the chaos and uncertainty of the last year, commercial real estate experts are finally getting a clearer idea of what the real value of real estate should be, according to attendees of the recent ULI McCoy Syposium. That starts with a growing consensus that interest rates are not likely to return to the rock-bottom lows that persisted for much of the last 15 years.

Commercial real estate investors are hitting refresh on stodgy investment strategies and sending more capital flowing into alternative property sectors. Portfolio managers that were once laser-focused on traditional property sectors are expanding strategies to include bigger allocations beyond the typical mix of office, retail, industrial, and multifamily assets.

Commercial real estate already faces many challenges because of an unprecedented rise in interest rates, tightening credit capacity, uncertainty in the office market, a $2.6 trillion wave of maturing debt over the next four years, and overall economic anxiety. Adding to this complexity, financial regulators are pushing for a significant increase in capital requirements—by as much as 20 percent—for the nation’s largest banks via the Basel III “endgame.”

Ten developments take advantage of the environmental and operational benefits of geothermal energy.

A winner of the 2023 ULI Asia Pacific Excellence Award. Caoyang Park is located in a residential neighborhood in the Putuo District of Shanghai along what used to be a freight railway track that went into disuse and gradually transformed into a local farmers’ market. This nearly one-kilometer-long (0.62 miles) and 10 to 15-meter-wide (32.8-49.2 ft) strip of land now serves a fresh, innovative function. Following the market’s closure in 2019, this space has been reimagined into a vibrant, multi-tiered, mixed-use park with a strong emphasis on pedestrian accessibility and community engagement.

“Knot Charleston,” the development plan that earned top honors in this year’s ULI Hines Student Competition for the Americas region, was the product of extensive research, thoughtful design, and close collaboration among the winning team of five Harvard University graduate students.

Arizona is at the epicenter of an evolving dynamic that can best be described with a phrase uttered by a panelist at ULI Arizona’s Trends Day 2024—disruption equals opportunity.

Program to combine in-depth real estate value chain expertise with key leadership skills.

Developer Quintin Primo, who has done more than $14 billion worth of transactions over his decades-long career, is currently eyeing revitalizing Chicago’s Loop in his hometown, among other projects.

Surge: Coastal Resilience and Real Estate, a ULI research report, documents the challenges associated with coastal hazards such as sea level rise, coastal storms, flooding, erosion, and subsidence, and provides best practices for real estate and land use professionals, as well as public officials, to address them.

This year’s Net Zero Buildings Week is Sept. 16-20. The virtual event series supports partnerships and collaboration across the built environment industry to collectively advance net zero buildings.

Resilience hubs are an essential tool for real estate to consider as part of its preparation for a changing climate, according to a recent webinar hosted by ULI and the Urban Sustainability Directors Network (USDN).

A futurist discussed the potential integrating artificial intelligence into the commercial real estate industry in a general session at the 2023 ULI Fall Meeting in Los Angeles.

An upcoming ULI report highlights key steps that developers and asset managers can take to mitigate environmental impacts and enhance health through materials.

According to Placer Labs, these 10 growing retail chains had the foot traffic in 2021 to set them up for future growth in brick-and-mortar retail.